As year-end approaches, it would be worthwhile for practitioners to consider whether corporate clients could benefit from the following "last minute" tax-saving moves, including adjustments to income to preserve favorable estimated tax rules for 2015, deferral of certain advance payments to next year, and fine-tuning bonuses to make the most of the Code Sec. 199 domestic production activities deduction.Read Full Article →

(Reuters) - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.Read Full Article →

(Reuters) - Only a handful of staff at Swiss banks have drawn on a $2.6 million fund set up to help bankers and other employees who have fallen on hard times because of a U.S. crackdown on tax evasion through hidden offshore accounts.Read Full Article →

In a news release, IRS has reminded individuals and businesses making year-end charitable contributions of several important tax law provisions and general substantiation requirements that they should keep in mind.Read Full Article →

(Reuters) - European campaigners against an EU-U.S. accord have held up progress towards the world's biggest free trade deal by deluging an online public consultation that EU officials had hoped would help them unblock a key issue.Read Full Article →

(Reuters) - China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there.Read Full Article →